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Programas De Leniência, Corrupção E O Papel Da Corregedoria Da Autoridade Antitruste

Author

Listed:
  • Eduardo Athayde de Souza Moreira
  • Rodrigo Peñaloza

Abstract

Leniency programs have shown to be an important tool to fight cartels. By reducing fees or guaranteeing imunity against criminal prosecution, leniency programs provide incentives to cartelized firms to reveal the cartel activities. We reveal the recent literature on leniency programs as well as some real world experiences. Then we introduce corruption of the antitrust authorities into Motta and Polo's (2003) model and analyse its effects. We show that in order for the government to implement some parameters associated with leniency programs, it has to spend some money too to reduce corruptibility. Such spending may not always pay.

Suggested Citation

  • Eduardo Athayde de Souza Moreira & Rodrigo Peñaloza, 2004. "Programas De Leniência, Corrupção E O Papel Da Corregedoria Da Autoridade Antitruste," Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32nd Brazilian Economics Meeting] 091, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
  • Handle: RePEc:anp:en2004:091
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    File URL: http://www.anpec.org.br/encontro2004/artigos/A04A091.pdf
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    More about this item

    JEL classification:

    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices

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